Search Results for: European Commission
OPEC 167th Meeting concludes
June 8th, 2015
The 167th Meeting of the Conference of the Organization of the Petroleum Exporting Countries (OPEC) was held in Vienna, Austria, on Friday, 5th June 2015 under the Chairmanship of its Alternate President, HE Dr. Mohammed Bin Saleh Al Sada, ...
EU-Switzerland taxation agreement signed in joint effort to improve tax compliance
May 28th, 2015
The European Union and Switzerland on 27 May 2015 signed an agreement on the automatic exchange of financial account information, aimed at improving international tax compliance. The agreement represents an important step in ongoing efforts to clamp down on tax fraud and tax ...
Top news of the day, May 27
May 27th, 2015
1.FDI into Europe hits a new record with US$305b attracted into the region in 2014, translating to a 36% year-on-year growth, despite global growth slowdown. Last year alone, 43 European countries – including Russia and Turkey – drew 4,341 ...
Top news of the day, May 26
May 26th, 2015
1. Binary options – potential changes in regulation. At present binary options are regulated by the UK’s Gambling Commission, but only if the firm has remote gambling equipment located in Britain. If this is not the case, any binary ...
Binary options – potential changes in regulation
May 26th, 2015
Binary options allow consumers to speculate on the short term movement in price of financial instruments such as shares. Find out how the FCA may start regulating them. The FCA does not currently regulate binary options You do not ...
Charter Strikes $55 Billion Deal for Time Warner Cable
May 26th, 2015
Including debt, deal is valued at $78.7 billion Charter Communications Inc. has struck a $55 billion cash-and-stock deal for Time Warner Cable Inc., giving cable mogul John Malone the prize he has been chasing for two years. The offer is valued at about $195 a share, ...
Tougher rules on money laundering to fight tax evasion and terrorist financing
May 25th, 2015
The ultimate owners of companies will have to be listed in central registers in EU countries, open both to the authorities and to people with a “legitimate interest”, such as investigative journalists, under new rules already agreed with the ...
Swiss Bankers Respond To Privacy Initiative
May 25th, 2015
The Swiss Bankers Association (SBA) has published a new report on the “Yes to the protection of privacy” initiative, which criticizes plans to enshrine bank-client confidentiality in the federal constitution. The “Yes to the protection of privacy” initiative was ...
Greece warns it is set to default on debt repayment loans
May 25th, 2015
Interior minister says Athens simply cannot satisfy IMF deadline next month unless it works out a deal with eurozone creditors Greece has threatened to default on €1.6bn (£1.14bn) of debt repayment due on international bailout loans next month, claiming it ...
Top news of the day, May 20
May 20th, 2015
1. As Greek government officials expressed their confidence that a deal with the country’s creditors is close, top European officials indicated Tuesday that although there has been progress in negotiations, an agreement is unlikely before the end of the ...